London East, ON N5Z 1Y3,1 Rathgar ST
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London East, ON N5Z 1Y3,1 Rathgar ST
London East, ON N5Z 1Y3,1 Rathgar ST
London East, ON N5Z 1Y3,1 Rathgar ST
London East, ON N5Z 1Y3,1 Rathgar ST
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1 Rathgar ST London East, ON N5Z 1Y3

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East L

MLS Listing ID X12527174

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $2,733

Tax Year 2025

Property Sub-Type Duplex

Property Description

This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals.

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Zoning R2-2

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Accessory Apartment, Water Meter, Separate Hydro Meter, Primary Bedroom - Main Floor, On Demand Water Heater

Cooling None

Inclusions 2 Stoves, 2 Fridges, 2 Washers, 2 Dryers

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 29.42

Lot Depth 91.33

Total Parking Spaces 2

Building

Building Age 100+

Foundation Concrete Block

Others

Senior Community No

ParcelsYN Yes

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1 Rathgar ST